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LONE STAR ORTHOPEDICS CASH BALANCE PLAN 401k Plan overview

Plan NameLONE STAR ORTHOPEDICS CASH BALANCE PLAN
Plan identification number 002

LONE STAR ORTHOPEDICS CASH BALANCE PLAN Benefits

401k Plan TypeDefined Benefit Pension
Plan Features/Benefits
  • Benefits are primarily pay related
  • Cash balance or similar plan - Plan has a "cash balance" formula. For this purpose, a "cash balance" formula is a benefit formula in a defined benefit plan by whatever name (for example, personal account plan, pension equity plan, life cycle plan, cash account plan, etc.) that rather than, or in addition to, expressing the accrued benefit as a life annuity commencing at normal retirement age, defines benefits for each employee in terms more common to a defined contribution plan such as a single sum distribution amount (for example, 10 percent of final average pay times years of service, or the amount of the employee's hypothetical account balance).
  • Master plan - A pension plan that is made available by a sponsor for adoption by employers; that is the subject of a favorable opinion letter; and for which a single funding medium (for example, a trust or custodial account) is established for the joint use of all adopting employers.

401k Sponsoring company profile

KENNETH G. BERLINER,M.D., P.A. DBA LONE STAR ORTHOPEDICS has sponsored the creation of one or more 401k plans.

Company Name:KENNETH G. BERLINER,M.D., P.A. DBA LONE STAR ORTHOPEDICS
Employer identification number (EIN):760644354
NAIC Classification:621111
NAIC Description:Offices of Physicians (except Mental Health Specialists)

Form 5500 Filing Information

Submission information for form 5500 for 401k plan LONE STAR ORTHOPEDICS CASH BALANCE PLAN

Plan id# Filing Submission Date Name of Administrator Date Administrator SignedName of Company SponsorDate Sponsor Signed
0022022-01-01
0022021-01-01
0022020-01-01
0022019-01-01
0022018-01-01
0022017-01-01
0022016-01-01
0022015-01-01
0022014-01-01KENNETH G. BERLINER, M.D.2015-09-14
0022014-01-01KENNETH G. BERLINER, M.D.2015-09-14
0022013-01-01KENNETH G. BERLINER, M.D.2014-07-10
0022012-01-01KENNETH G. BERLINER, M.D.2013-10-08
0022011-01-01KENNETH G. BERLINER, M.D.2012-09-10

Plan Statistics for LONE STAR ORTHOPEDICS CASH BALANCE PLAN

401k plan membership statisitcs for LONE STAR ORTHOPEDICS CASH BALANCE PLAN

Measure Date Value
2022: LONE STAR ORTHOPEDICS CASH BALANCE PLAN 2022 401k membership
Market value of plan assets2022-12-312,155,969
Acturial value of plan assets2022-12-312,155,969
Funding target for retired participants and beneficiaries receiving payment2022-12-310
Number of terminated vested participants2022-12-310
Fundng target for terminated vested participants2022-12-310
Active participant vested funding target2022-12-311,825,851
Number of active participants2022-12-3113
Total funding liabilities for active participants2022-12-311,825,851
Total participant count2022-12-3113
Total funding target for all participants2022-12-311,825,851
Balance at beginning of prior year after applicable adjustments2022-12-310
Prefunding balance at beginning of prior year after applicable adjustments2022-12-31234,569
Carryover balanced portion elected for use to offset prior years funding requirement2022-12-310
Prefunding balanced used to offset prior years funding requirement2022-12-31172,085
Amount remaining of carryover balance2022-12-310
Amount remaining of prefunding balance2022-12-3162,484
Present value of excess contributions2022-12-31157,056
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2022-12-31178,981
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2022-12-31178,981
Reductions in caryover balances due to elections or deemed elections2022-12-310
Reductions in prefunding balances due to elections or deemed elections2022-12-310
Balance of carryovers at beginning of current year2022-12-310
Balance of prefunding at beginning of current year2022-12-31250,188
Total employer contributions2022-12-31163,982
Total employee contributions2022-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2022-12-310
Contributions made to avoid restrictions adjusted to valuation date2022-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2022-12-31159,171
Liquidity shortfalls end of Q12022-12-310
Liquidity shortfalls end of Q22022-12-310
Liquidity shortfalls end of Q32022-12-310
Liquidity shortfalls end of Q42022-12-310
Unpaid minimum required contributions for all prior years2022-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2022-12-310
Remaining amount of unpaid minimum required contributions2022-12-310
Minimum required contributions for current year target normal cost2022-12-31151,921
Net shortfall amortization installment of oustanding balance2022-12-310
Waiver amortization installment2022-12-310
Total funding amount beforereflecting carryover/prefunding balances2022-12-3171,991
Carryover balance elected to use to offset funding requirement2022-12-310
Prefunding balance elected to use to offset funding requirement2022-12-310
Additional cash requirement2022-12-3171,991
Contributions allocatedtoward minimum required contributions for current year2022-12-31159,171
Unpaid minimum required contributions for current year2022-12-310
Unpaid minimum required contributions for all years2022-12-310
2021: LONE STAR ORTHOPEDICS CASH BALANCE PLAN 2021 401k membership
Market value of plan assets2021-12-311,727,564
Acturial value of plan assets2021-12-311,727,564
Funding target for retired participants and beneficiaries receiving payment2021-12-310
Number of terminated vested participants2021-12-310
Fundng target for terminated vested participants2021-12-310
Active participant vested funding target2021-12-311,560,744
Number of active participants2021-12-3116
Total funding liabilities for active participants2021-12-311,560,744
Total participant count2021-12-3116
Total funding target for all participants2021-12-311,560,744
Balance at beginning of prior year after applicable adjustments2021-12-310
Prefunding balance at beginning of prior year after applicable adjustments2021-12-31254,740
Carryover balanced portion elected for use to offset prior years funding requirement2021-12-310
Prefunding balanced used to offset prior years funding requirement2021-12-3138,727
Amount remaining of carryover balance2021-12-310
Amount remaining of prefunding balance2021-12-31216,013
Present value of excess contributions2021-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2021-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2021-12-310
Reductions in caryover balances due to elections or deemed elections2021-12-310
Reductions in prefunding balances due to elections or deemed elections2021-12-310
Balance of carryovers at beginning of current year2021-12-310
Balance of prefunding at beginning of current year2021-12-31234,569
Total employer contributions2021-12-31165,000
Total employee contributions2021-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2021-12-310
Contributions made to avoid restrictions adjusted to valuation date2021-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2021-12-31157,056
Unpaid minimum required contributions for all prior years2021-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2021-12-310
Remaining amount of unpaid minimum required contributions2021-12-310
Minimum required contributions for current year target normal cost2021-12-31142,386
Net shortfall amortization installment of oustanding balance2021-12-3167,855
Waiver amortization installment2021-12-310
Total funding amount beforereflecting carryover/prefunding balances2021-12-31172,085
Carryover balance elected to use to offset funding requirement2021-12-310
Prefunding balance elected to use to offset funding requirement2021-12-31172,085
Additional cash requirement2021-12-310
Contributions allocatedtoward minimum required contributions for current year2021-12-31157,056
Unpaid minimum required contributions for current year2021-12-310
Unpaid minimum required contributions for all years2021-12-310
2020: LONE STAR ORTHOPEDICS CASH BALANCE PLAN 2020 401k membership
Market value of plan assets2020-12-311,445,153
Acturial value of plan assets2020-12-311,445,153
Funding target for retired participants and beneficiaries receiving payment2020-12-310
Number of terminated vested participants2020-12-310
Fundng target for terminated vested participants2020-12-310
Active participant vested funding target2020-12-311,376,570
Number of active participants2020-12-3118
Total funding liabilities for active participants2020-12-311,380,546
Total participant count2020-12-3118
Total funding target for all participants2020-12-311,380,546
Balance at beginning of prior year after applicable adjustments2020-12-310
Prefunding balance at beginning of prior year after applicable adjustments2020-12-31249,004
Carryover balanced portion elected for use to offset prior years funding requirement2020-12-310
Prefunding balanced used to offset prior years funding requirement2020-12-3125,489
Amount remaining of carryover balance2020-12-310
Amount remaining of prefunding balance2020-12-31223,515
Present value of excess contributions2020-12-310
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2020-12-310
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2020-12-310
Reductions in caryover balances due to elections or deemed elections2020-12-310
Reductions in prefunding balances due to elections or deemed elections2020-12-310
Balance of carryovers at beginning of current year2020-12-310
Balance of prefunding at beginning of current year2020-12-31254,740
Total employer contributions2020-12-31155,912
Total employee contributions2020-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2020-12-310
Contributions made to avoid restrictions adjusted to valuation date2020-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2020-12-31147,624
Unpaid minimum required contributions for all prior years2020-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2020-12-310
Remaining amount of unpaid minimum required contributions2020-12-310
Minimum required contributions for current year target normal cost2020-12-31142,912
Net shortfall amortization installment of oustanding balance2020-12-31190,134
Total funding amount beforereflecting carryover/prefunding balances2020-12-31186,351
Carryover balance elected to use to offset funding requirement2020-12-310
Prefunding balance elected to use to offset funding requirement2020-12-3138,727
Additional cash requirement2020-12-31147,624
Contributions allocatedtoward minimum required contributions for current year2020-12-31147,624
Unpaid minimum required contributions for current year2020-12-310
Unpaid minimum required contributions for all years2020-12-310
2019: LONE STAR ORTHOPEDICS CASH BALANCE PLAN 2019 401k membership
Market value of plan assets2019-12-311,133,450
Acturial value of plan assets2019-12-311,133,450
Funding target for retired participants and beneficiaries receiving payment2019-12-310
Number of terminated vested participants2019-12-312
Fundng target for terminated vested participants2019-12-310
Active participant vested funding target2019-12-311,101,209
Number of active participants2019-12-3116
Total funding liabilities for active participants2019-12-311,103,715
Total participant count2019-12-3118
Total funding target for all participants2019-12-311,103,715
Balance at beginning of prior year after applicable adjustments2019-12-310
Prefunding balance at beginning of prior year after applicable adjustments2019-12-31293,783
Carryover balanced portion elected for use to offset prior years funding requirement2019-12-310
Prefunding balanced used to offset prior years funding requirement2019-12-310
Amount remaining of carryover balance2019-12-310
Amount remaining of prefunding balance2019-12-31293,783
Present value of excess contributions2019-12-317,424
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2019-12-317,873
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2019-12-317,873
Reductions in caryover balances due to elections or deemed elections2019-12-310
Reductions in prefunding balances due to elections or deemed elections2019-12-3126,300
Balance of carryovers at beginning of current year2019-12-310
Balance of prefunding at beginning of current year2019-12-31249,004
Total employer contributions2019-12-31152,712
Total employee contributions2019-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2019-12-310
Contributions made to avoid restrictions adjusted to valuation date2019-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2019-12-31148,014
Unpaid minimum required contributions for all prior years2019-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2019-12-310
Remaining amount of unpaid minimum required contributions2019-12-310
Minimum required contributions for current year target normal cost2019-12-31130,530
Net shortfall amortization installment of oustanding balance2019-12-31221,082
Total funding amount beforereflecting carryover/prefunding balances2019-12-31173,503
Carryover balance elected to use to offset funding requirement2019-12-310
Prefunding balance elected to use to offset funding requirement2019-12-3125,489
Additional cash requirement2019-12-31148,014
Contributions allocatedtoward minimum required contributions for current year2019-12-31148,014
Unpaid minimum required contributions for current year2019-12-310
Unpaid minimum required contributions for all years2019-12-310
2018: LONE STAR ORTHOPEDICS CASH BALANCE PLAN 2018 401k membership
Market value of plan assets2018-12-311,150,079
Acturial value of plan assets2018-12-311,150,079
Funding target for retired participants and beneficiaries receiving payment2018-12-310
Number of terminated vested participants2018-12-311
Fundng target for terminated vested participants2018-12-311,106
Active participant vested funding target2018-12-31897,546
Number of active participants2018-12-3116
Total funding liabilities for active participants2018-12-31897,546
Total participant count2018-12-3117
Total funding target for all participants2018-12-31898,652
Balance at beginning of prior year after applicable adjustments2018-12-310
Prefunding balance at beginning of prior year after applicable adjustments2018-12-31253,083
Carryover balanced portion elected for use to offset prior years funding requirement2018-12-310
Prefunding balanced used to offset prior years funding requirement2018-12-310
Amount remaining of carryover balance2018-12-310
Amount remaining of prefunding balance2018-12-31253,083
Present value of excess contributions2018-12-319,886
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2018-12-3110,533
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2018-12-3110,533
Reductions in caryover balances due to elections or deemed elections2018-12-310
Balance of carryovers at beginning of current year2018-12-310
Balance of prefunding at beginning of current year2018-12-31293,783
Total employer contributions2018-12-31148,925
Total employee contributions2018-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2018-12-310
Contributions made to avoid restrictions adjusted to valuation date2018-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2018-12-31144,574
Unpaid minimum required contributions for all prior years2018-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2018-12-310
Remaining amount of unpaid minimum required contributions2018-12-310
Minimum required contributions for current year target normal cost2018-12-31125,050
Net shortfall amortization installment of oustanding balance2018-12-3142,357
Total funding amount beforereflecting carryover/prefunding balances2018-12-31137,150
Carryover balance elected to use to offset funding requirement2018-12-310
Prefunding balance elected to use to offset funding requirement2018-12-310
Additional cash requirement2018-12-31137,150
Contributions allocatedtoward minimum required contributions for current year2018-12-31144,574
Unpaid minimum required contributions for current year2018-12-310
Unpaid minimum required contributions for all years2018-12-310
2017: LONE STAR ORTHOPEDICS CASH BALANCE PLAN 2017 401k membership
Market value of plan assets2017-12-31858,840
Acturial value of plan assets2017-12-31858,840
Funding target for retired participants and beneficiaries receiving payment2017-12-310
Number of terminated vested participants2017-12-314
Fundng target for terminated vested participants2017-12-314,832
Active participant vested funding target2017-12-31685,572
Number of active participants2017-12-3117
Total funding liabilities for active participants2017-12-31686,555
Total participant count2017-12-3121
Total funding target for all participants2017-12-31691,387
Balance at beginning of prior year after applicable adjustments2017-12-310
Prefunding balance at beginning of prior year after applicable adjustments2017-12-31222,888
Carryover balanced portion elected for use to offset prior years funding requirement2017-12-310
Prefunding balanced used to offset prior years funding requirement2017-12-310
Amount remaining of carryover balance2017-12-310
Amount remaining of prefunding balance2017-12-31222,888
Present value of excess contributions2017-12-3111,858
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2017-12-3112,654
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2017-12-3112,654
Reductions in caryover balances due to elections or deemed elections2017-12-310
Reductions in prefunding balances due to elections or deemed elections2017-12-310
Balance of carryovers at beginning of current year2017-12-310
Balance of prefunding at beginning of current year2017-12-31253,083
Total employer contributions2017-12-31144,408
Total employee contributions2017-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2017-12-310
Contributions made to avoid restrictions adjusted to valuation date2017-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2017-12-31140,107
Unpaid minimum required contributions for all prior years2017-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2017-12-310
Remaining amount of unpaid minimum required contributions2017-12-310
Minimum required contributions for current year target normal cost2017-12-31113,939
Net shortfall amortization installment of oustanding balance2017-12-3180,798
Waiver amortization installment2017-12-310
Total funding amount beforereflecting carryover/prefunding balances2017-12-31130,221
Carryover balance elected to use to offset funding requirement2017-12-310
Prefunding balance elected to use to offset funding requirement2017-12-310
Additional cash requirement2017-12-31130,221
Contributions allocatedtoward minimum required contributions for current year2017-12-31140,107
Unpaid minimum required contributions for current year2017-12-310
Unpaid minimum required contributions for all years2017-12-310
2016: LONE STAR ORTHOPEDICS CASH BALANCE PLAN 2016 401k membership
Market value of plan assets2016-12-31639,125
Acturial value of plan assets2016-12-31639,125
Funding target for retired participants and beneficiaries receiving payment2016-12-310
Number of terminated vested participants2016-12-316
Fundng target for terminated vested participants2016-12-310
Active participant vested funding target2016-12-31511,872
Number of active participants2016-12-3119
Total funding liabilities for active participants2016-12-31517,095
Total participant count2016-12-3125
Total funding target for all participants2016-12-31517,095
Balance at beginning of prior year after applicable adjustments2016-12-310
Prefunding balance at beginning of prior year after applicable adjustments2016-12-31191,873
Carryover balanced portion elected for use to offset prior years funding requirement2016-12-310
Prefunding balanced used to offset prior years funding requirement2016-12-310
Amount remaining of carryover balance2016-12-310
Amount remaining of prefunding balance2016-12-31191,873
Present value of excess contributions2016-12-3134,768
Total available prior years excess cotributions available at beginning of current plan year to add to prefunding balance2016-12-3137,097
Total available prior years excess cotributions added at beginning of current plan year to add to prefunding balance2016-12-3137,097
Reductions in caryover balances due to elections or deemed elections2016-12-310
Reductions in prefunding balances due to elections or deemed elections2016-12-310
Balance of carryovers at beginning of current year2016-12-310
Balance of prefunding at beginning of current year2016-12-31222,888
Total employer contributions2016-12-31146,630
Total employee contributions2016-12-310
Contributions allocated toward unpaid minimum require contributions from prior years2016-12-310
Contributions made to avoid restrictions adjusted to valuation date2016-12-310
Contributions allocated toward minimum required contributions for current year adjusted to valuation date2016-12-31139,148
Unpaid minimum required contributions for all prior years2016-12-310
iDiscounted employer contributions allocated toward unpaid minimum required contributions from prior years2016-12-310
Remaining amount of unpaid minimum required contributions2016-12-310
Minimum required contributions for current year target normal cost2016-12-31109,878
Net shortfall amortization installment of oustanding balance2016-12-31100,859
Waiver amortization installment2016-12-310
Total funding amount beforereflecting carryover/prefunding balances2016-12-31127,451
Carryover balance elected to use to offset funding requirement2016-12-310
Prefunding balance elected to use to offset funding requirement2016-12-310
Additional cash requirement2016-12-31127,451
Contributions allocatedtoward minimum required contributions for current year2016-12-31139,148
Unpaid minimum required contributions for current year2016-12-310
Unpaid minimum required contributions for all years2016-12-310

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